Once we have calculated the OAR this then needs to be applied to the actual activity levels. At the end of the accounting period it was determined that the actual labour hours in Production 1 were 12,650 and Production 2 were 6,100. (ii) Since the method is a combination https://quick-bookkeeping.net/ of direct materials and direct […]

The profit remaining after deducting from profit a notional cost of capital on the investment in a business or division of a business. The investigation of a firm’s business in conjunction with a securities offering to determine whether the firm’s business and financial situation and its prospects are adequately disclosed in the prospectus for the

Please first read the holiday entitlement rights information on the basics of how holiday entitlement should be calculated. From September 2025, eligible working parents in England with children between 9 months up to school age (4 or 5 years of age) will have access to 30 hours childcare. From September 2024, the 15 hours childcare

Typically, the lower the ratio, the better, but as we saw with our analysis with the above companies, each industry carries different debt loads. It is important how to find debt to assets ratio to compare your company to others in the same industry. Repaying their debt service payments are non-negotiable and necessary under all